Odisha to embark on Second Phase of its Value Addition Industry Policy: Naveen Patnaik

Addressing the 93rd Annual General Meeting of Federation of Indian Chambers of Commerce & Industry (FICCI), Chief Minister of Odisha Naveen Patnaik said that Odisha is on all its course to shift to a broad-based and inclusive economic growth from its pre-2000 eras of resource-dependent development. Odisha with its value addition industry policy is today India’s topmost producer of metals in the country.

The AGM of FICCI started with the welcome address by its President Dr. Sangita Reddy, who is also the Joint Managing Director of Apollo Hospitals Enterprises Limited. She spoke highly about the investor and industry-friendly policies of Odisha, which resulted in the eastern state taking advantage of its vast natural resources through its value addition industry policy for the last two decades. 

Sangita Reddy

A video presentation about the transformation Odisha achieved under the leadership of Chief Minister Naveen Patnaik was presented during the session. Harsh Pati Singhania, Managing Director of JK Paper Limited, Sandip Somany, Managing Director of Hindustan Sanitaryware & Industries Limited shared their experiences with industrial facilitation proved by Odisha and were all praise for the visionary leadership of Mr. Patnaik. 

FICCI is the national industry partner for the 3rd edition of Make in Odisha Conclave and Naveen Patnaik requested to nominate dedicated sectoral teams to work with Odisha Government especially in the focussed sectors like Textile, Metals, Chemical, Food Processing, IT, and Tourism. With its Vision 2030 Government of Odisha is inviting industries to set up facilities in the state, aiming to add 50% value of the metals produced from the state. 

Even in the testing times of COVID19 under the leadership of Industrial Promotion and Investment Corporation of Odisha (IPICOL), the state was able to see new investments coming in. In his vote of thanks, Uday Shankar, President-Elect of FICCI thanked Odisha Government for its support extended during the difficult times to the industries.